Rey de Reyes

Analysis

Rey de Reyes is a registered charity in United States, based in Saint Amant, LA. It received its IRS tax-exemption ruling in October 1972, 54 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rey de Reyes reported income of $247k and spending of $169k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $216k to $247k (+14%), an average of +7.0% a year. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rey de Reyes sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within LA. Charities of a similar size with the same main cause include Christian Social Services of Lutz and Land Olakes Florida Incorporat ($247k), Community Montessori ($247k) and Pondera County Council on Aging ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $69k (41% of expenses). At year end it held assets of $512k against liabilities of $106k, net assets of $405k.